Fred Wilson On 'The Twitter Contradiction'
There are some negative thoughts on Twitter Inc (NYSE: TWTR) as the social media company is not growing in respect to Facebook Inc (NASDAQ: FB) and today's youth gravitate toward Snapchat and Instagram.
But, Fred Wilson of Union Square Ventures presents a different picture in his blog titled "The Twitter Contradiction."
Wilson, who owns shares in Twitter, said the presumptive Republican nominee (Donald Trump) for President of the United States has largely conducted his campaign on Twitter.
"He has avoided the traditional media channels and taken his message direct to the people on Twitter. Not on Facebook. Not on Instagram. Not on Snapchat. Not on Pinterest. Not on his website or mobile app. On Twitter," he said.
Moreover, you don't need to login on Twitter to view tweets. Users can see the Tweets embedded in other places on web and mobile or on TV and elsewhere. Of course, one has to login to Twitter to post Tweets.
"So anyone who is focusing on the logged in monthly active user number is missing something bigger. Twitter is where people who have something to say go to say it. And right now we are witnessing Twitter being used for what is arguably the biggest thing out there. A run for President of the United States," Wilson added.
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